Continuation of Iraq National Emergency
Notice: Continuation of the National Emergency with Respect to Iraq

On August 2, 1990, by Executive Order 12722, President Bush
declared a national emergency with respect to Iraq pursuant to the
International Emergency Economic Powers Act (50 U.S.C. 1701-1706) to
deal with the unusual and extraordinary threat to the national security
and foreign policy of the United States constituted by the actions and
polices of the Government of Iraq. By Executive Orders 12722 of August
2, 1990, and 12724 of August 9, 1990, the President imposed trade
sanctions on Iraq and blocked Iraqi government assets. Because the
Government of Iraq has continued to engage in activities hostile to
U.S. interests, the national emergency declared on August 2, 1990, and
the measures adopted on August 2 and August 9, 1990, to deal with that
emergency must continue in effect beyond August 2, 2002. Therefore, in
accordance with section 202(d) of the National Emergencies Act (50
U.S.C. 1622(d)), I am continuing for 1 year the national emergency with
respect to Iraq.

This notice shall be published in the Federal Register and
transmitted to the Congress.